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"Copyright © 2007 -East Tennessee Realty Services- All rights Reserved"
East Tennessee Realty Services
Real Estate and Auction Company
1-423-639-6395
273099- Looking for a better investment opportunity? Consider the potential of this exceptional 17.51acre riverfront campground currently under construction. Located along the relaxing waters of the Nolichuckey River, with direct access to the river and panoramic views of the surrounding mountains of East Tennessee, the completed project will attract campers of all types from motor coaches to primitive sites. Attractions to the site will include boating, hunting, fishing, hiking, and the peaceful quiet enjoyment of the sounds of nature and the rushing waters of the river.
Preliminary site work already completed includes the moving of over 76,000 cubic yards of ground, and all the necessary permits and inspections to make this dream site a reality. Land maps have been completed and approved by the local power company for all the poles and power stations for 110 RV sites within the park and a potential expansion of another 24 sites. A storm water retention plan has been engineered and approved by the Tennessee Department of Environment and Conservation. Soil has been analyzed for a wastewater treatment plant on the property and the engineering design for the plant has been submitted and approved by the State of Tennessee. The U.S. Army Corps of Engineers, The Tennessee Valley Authority, The Greene County Planning and Zoning Commission, The Federal Emergency Management Association have approved the site, and a Hydraulic and Hydrologic Survey has been conducted and approved. A State certified appraisal of the completed project values the Market Value at $1,800,000 with an Income Approach Value of $1,925,000. Many improvements have been completed including foundation work on the existing barn, the construction of the Registration Building with septic and water, block work on Electrical supply stations, and foundation work for the bathhouses and laundry. This is an active project with additional work ongoing.
Completion of the projected ammenities could be done in phases allowing for progressive returns as this dream becomes a reality.
Click on each photo to enlarge...
Campsite areas
Future Country Store
Registration Building
Nolichuckey River Frontage
Ralph W. Roderick
Cell Phone 423-620-5912
Priced at $
Additional Links for this property:
-------------REDUCED...$499,900
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